ข่าวแจ้งตลาดหลักทรัพย์ฯ

January 31, 2005 To: President The Stock Exchange of Thailand Re : Notification of the Resolutions of the Board of Directors' Meeting No.1/2005 Noble Development Public Company Limited (the "Company") would like to inform you that the Board of Directors' Meeting No. 1/2005 held on January 31, 2005 passed the material resolutions as follows: 1. Unanimously approved the issuance and offering of debentures with the preliminary features as follows: Type : Debentures, in named certificate or bearer instrument,subordinated or unsubordinated, secured or unsecured, with or without the debentureholder's representative, and with or without early redemption option Offering amount : Not exceeding Baht 1,500,000,000 (one thousand and five hundred million) Face Value : Baht 1,000 (one thousand) Term : Not more than 5 (five) years from the date of issuance of the debentures Allocation Method : Domestic and/or international offering to the public and/or institutional investors or investors with specific characteristics and/or specific investors Special condition : In the case where the Company has redeemed the debentures issued under the authorized offering amount, the Company will be entitled to issue and offer for sale of new debentures in accordance with the conditions and offering amount as mentioned above In addition, any authorized director of the Company or person(s) entrusted by the Board of Directors is authorized to determine any condition and relevant details including taking any action necessary for and pertinent to the issuance and offer for sale of debentures. 2. Unanimously approved the determination of the date of the Extraordinary General Meeting of Shareholders No. 1/2005 on March 8, 2005, at 10.00 a.m. at Grand Hyatt Erawan Bangkok Hotel, Amarin 3 Room, M Floor, Rajdamri Road, Pathumwan, Bangkok. The meeting will consider the following agenda: Agenda 1 To consider and certify the Minutes of the Annual General Meeting of Shareholders for the year 2004 Agenda 2 To consider and approve the issuance and offering of debentures Agenda 3 Other matters (if any) The Company will close the Share Register Book to suspend the transfer of shares of the Company for exercising the right to attend the Extraordinary General Meeting of Shareholders from February 16, 2005, at 12.00 a.m. until the Extraordinary Meeting of Shareholders is duly adjourned. Please be informed accordingly. Sincerely, Sitti Leelakasamelerk Director